2002 Saab 9-5 Call Today Low Reserve on 2040-cars

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Nicolas Cage flogs Saab-based Senova from Beijing Auto [w/video]

BAIC has officially pulled the covers off of its new Senova D Series sedan for China. The four-door is based on the old Saab 9-5 and boasts a turbocharged 2.0-liter four-cylinder engine. Local buyers can get their hands on the machine for around $22,745 at current conversion rates. Other engine options include a turbocharged 1.8-liter four cylinder as well as turbocharged 2.3-liter four-cylinder, and a wide range of safety equipment comes standard on every trim except the very base model. Those goodies include a tire pressure monitoring system, active head restraints, blind spot detection, driver fatigue detection and parking sensors.
The Senova nameplate serves every model based on former Saab architectures, including the Epsilon, GM2900 and GM2400 platforms as well as engine and transmission tech. In order to promote its new products, BAIC has hired Hollywood staple Nicolas Cage to serve as the company's brand ambassador. Cage stars in the Senova-heavy Town of Car Legends action-packed video short (directed by Olivier Megaton of Transporter 3 and Taken 2 fame) which you can view by scrolling below.

Rare 9-5 SportCombi, 9-4X models being sold off in Saab asset auction

Saab lovers take notice. Swedish auction house KVD has some ultra rare Saab products on the block, and we're not talking about a 1950s Saab 92. Up for auction are a bunch of low-mileage Saab models being sold off as part of the bankrupted automaker's assets. Included in the lot of cars are models like the 2012 9-5 SportCombi (above), the 2012 9-4X (shown below) and even a 9-5 sedan driven by Victor Muller himself.
Discovered by PistonHeads, this Saab auction has numerous 9-5 SportCombi and 9-4X models, which should prove to be very rare cars. Only a small number of 9-4Xs were ever sold, and Saab closed up shop before the 9-5 SportCombi could even go on sale here. In addition to the rarity, many of the cars have fewer than 10 miles on their odometers and seemingly low reserve prices; a 9-4X 3.0 XWD Premium with just six miles has a current bid of 180,000 Swedish Krona (just over $27,000 USD) that has already met the reserve price. Some of the cars still have the protective factory shipping tape covering up the interior and exterior.
Other than the rare SportCombis and 9-4Xs being auctioned off, there's also a sharp 2012 9-3 Cabriolet with 11 miles on the clock and a V8-powered 2006 Saab 9-7X with just 3,003 miles.

Saab US bankruptcy plan gets legal green-light

It feels utterly bizarre that we're still talking about Saab, but Reuters is reporting that the bankrupt Swedish manufacturer's American arm has gotten approval from the US Bankruptcy Court to liquidate its assets and pay back creditors. As part of the plan, secured creditors like Ally Financial will receive full repayment. Unsecured creditors, consisting of those affected by abandoned leases and contracts will get anywhere from 25 to 82 percent of their money back.
There are currently $77 million in unsecured claims, according to Reuters, but that number doesn't include claims from former Saab dealers. Naturally, the entire affair is full of lawyers and legalese. A trust formed on the Saab side will be negotiating with creditors and their affiliates in an attempt to reduce claims against Saab. This sounds like the start of a long and sordid affair...